Chris McLemore and Kristin Konschnik – both U.S. born and trained lawyers who have been practicing in London for more than a decade – have struck out on their own, with the launch of McLemore Konshnik LLP.
McLemore and Konschnik are already well-known in London legal circles, having both worked at Withers for more than seven years each – overlapping for almost four of those years – and then (side-by-side again) at Butler Snow, until the end of April.
The two legal professionals have taken offices on Cheapside, in the heart of London’s financial district, to the east of St. Paul's Cathedral (pictured above), and say their “boutique law firm” will specialize in “tax, trust and estate planning advice for U.S. citizens and Green Card holders and their businesses, whether based in the UK or internationally,” in addition to advising non-Americans who have U.S. assets and/or business operations.
McLemore’s primary emphasis is in trust and estate planning matters for U.S. citizens or non-citizens with significant U.S. assets. He frequently speaks on the interaction between the U.S. and UK tax and probate laws, and the difficulties that can arise when legal issues are translated across the Atlantic.
McLemore is also an expert on U.S. citizenship renunciations, and as such, has often been quoted on the subject by such publications as the Wall Street Journal, CNN, CNBC and other media outlets.
Konschnik’s expertise is in working with owner-managed businesses in a cross-border context. Her clients include family-owned and closely-held businesses (and their owners), entrepreneurs, and private equity, real estate and venture capital fund principals.
In addition to regular advisory work for her long-term clients, she frequently works with management teams in private equity buyout and roll-over transactions, according to the company.
Both lawyers also advise U.S. taxpayers who are non-compliant with their U.S. tax and reporting obligations. Such individuals typically range from “accidental American" clients who were unaware (until recently) that they had any U.S. tax obligations, to clients who were intentionally trying to evade their U.S. tax or reporting requirements.
'Originally from DC and Kansas'
Konschnik, originally from Washington, DC, received her law degree from the University of Texas School of Law in 2002, and started her legal career at Bergman Horowitz & Reynolds in New Haven, Connecticut, before that firm merged with Withers LLP.
She spent time practicing in London and New York before returning to London as a partner at Withers LLP in 2010. She left Withers to become a partner at Butler Snow, also based in London, in 2017.
McLemore, originally from Wichita, Kansas, received his law degree from Notre Dame Law School in 2007, and began his legal career at Withers LLP in London that same year.
He moved to Butler Snow after seven years, where he became partner in 2016.
While there, among McLemore and Konschnik's most prominent cases was one that saw them advising The Roald Dahl Story Co. and its shareholders on the sale of its international entertainment business to Netflix.